In collaboration with the Department of Foreign Affairs and International Trade
Canada is a trading nation. Our domestic market is too small to support significant growth of more than a few companies in any given sector. To succeed, Canadian firms need to sell to the world.
Canadian technology firms are mostly small. Their CEOs are typically experts who have first-class scientific and technical skills. Many of them start companies with little or no business ability or experience. They learn as they go. A small percentage of the thousands of firms doing R&D in Canada are profitable and growing. Almost all of these successful technology firms export a high proportion (typically over 90%) of their products and services.
RE$EARCH MONEY will look at how best to help Canadian technology firms expand into other countries to grow their business. CEOs of successful Canadian technology firms will describe how they do it, the challenges they faced, and where the Canadian policy and cultural environments need to change to make it easier for others. International experts from the public and private sectors will share best practices from around the world. Policy makers will have an opportunity to explore future options so that Canada can compete effectively in the global knowledge economy.
Issues to be explored include: corporate strategies, marketing, distribution, technology alliances, research alliances, policy instruments, European Framework Agreement, bilateral S&T agreements, multilateral agreements (e.g. ESA).